# 1024 Paradise Drive, Murray, KY 42071 > **TL;DR:** commercial, $1,700,000 ($1889/sqft), built 1954, 900 sqft. Est. $9,092/mo. Listed 17 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,700,000 | | Price/sqft | $1889 | | Square Feet | 900 | | Year Built | 1954 | | Lot Size | 319,295 sqft (7.33 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 17 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,596 | | Estimated Insurance | $496 | | **Total** | **$9,092** | ## Property Highlights - Built in 1954 - 7.33 acre lot ## Description ### Agent Description Formerly known as The Villas at Marker 48, this premier waterfront resort property is nestled within 100 feet of beautiful Kentucky Lake, ideally situated between Snipe Creek and Blood River. This property offers the chance to open and expand a waterfront resort with many possibilities. Situated on 7.33 acres with approximately 500 feet of shoreline, the property provides direct access to some of the area's finest boating, fishing and recreational waters. Guests and owners can enjoy a variety of on-site amenities, including a sandy beach area, volleyball court, kayaking opportunities, and a swimming pool, creating the perfect environment for relaxation and outdoor adventure. A major asset of the property is its 30-slip marina, featuring 26 covered slips and 4 uncovered slips along with a fish cleaning station. The marina offers an established, income producing component from day one, allowing a new owner to generate revenue while completing and expanding the remainder of the development. Adding to the property's potential, two villas have already been started and are under roof, providing a head start for future development. With ample room for additional villas, amenities, or other resort enhancements, the property is well-positioned for significant growth and increased revenue opportunities. Whether envisioned as a vacation rental destination, waterfront resort, or expanded mixed use development, The Villas at Marker 48 offers waterfront beauty, existing infrastructure, income potential and development opportunity on one of Kentucky Lake's most desirable locations. ## Location - **Address:** 1024 Paradise Drive, Murray, KY 42071 - **County:** Calloway - **Coordinates:** 36.681896, -88.09125 - **Google Maps:** https://www.google.com/maps?q=36.681896,-88.09125 ## Listing Agent - **Name:** Wendy Bass - **Brokerage:** The Stables Realty Group - **Broker Phone:** (615) 419-7399 ## Photos ![1024 Paradise Drive - Photo 1](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f3688421544r.jpg) ![1024 Paradise Drive - Photo 2](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f3531683494r.jpg) ![1024 Paradise Drive - Photo 3](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f4186941096r.jpg) ![1024 Paradise Drive - Photo 4](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f3234114893r.jpg) ![1024 Paradise Drive - Photo 5](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f1984541298r.jpg) ![1024 Paradise Drive - Photo 6](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f739283471r.jpg) ![1024 Paradise Drive - Photo 7](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f2212588042r.jpg) ![1024 Paradise Drive - Photo 8](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f3456642308r.jpg) ![1024 Paradise Drive - Photo 9](http://lh.rdcpix.com/4b351ca45ea29178e0fcb388f14d37a8l-f365483645r.jpg) --- **MLS#:** 26030241 | **Updated:** 2026-11-06 **Source:** listhub *Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1024-paradise-drive-murray-ky-42071-3ecff464ef994a5a8530bd506c3c4ef8) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1024-paradise-drive-murray-ky-42071-3ecff464ef994a5a8530bd506c3c4ef8#listing", "url": "https://www.propertysimple.ai/listing/1024-paradise-drive-murray-ky-42071-3ecff464ef994a5a8530bd506c3c4ef8", "name": "1024 Paradise Drive, Murray, KY 42071", "description": "Formerly known as The Villas at Marker 48, this premier waterfront resort property is nestled within 100 feet of beautiful Kentucky Lake, ideally situated between Snipe Creek and Blood River. This property offers the chance to open and expand a waterfront resort with many possibilities. Situated on 7.33 acres with approximately 500 feet of shoreline, the property provides direct access to some of the area's finest boating, fishing and recreational waters. Guests and owners can enjoy a variety of on-site amenities, including a sandy beach area, volleyball court, kayaking opportunities, and a swimming pool, creating the perfect environment for relaxation and outdoor adventure. A major asset of the property is its 30-slip marina, featuring 26 covered slips and 4 uncovered slips along with a fish cleaning station. The marina offers an established, income producing component from day one, allowing a new owner to generate revenue while completing and expanding the remainder of the development. Adding to the property's potential, two villas have already been started and are under roof, providing a head start for future development. With ample room for additional villas, amenities, or other resort enhancements, the property is well-positioned for significant growth and increased revenue opportunities. 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